Summary - Allesley Old Road, COVENTRY CV5 8EH
2 bed 1 bath Apartment
Ready-to-move-in home with strong transport links and rental appeal.
Open-plan lounge, kitchen and dining area with natural light
Two well-proportioned bedrooms, practical 1-bathroom layout
Approx. 670 sq ft — average-sized apartment
Leasehold: 117 years remaining
Ground rent £250 per year, service charge £1,700 per year
Main heating: electric room heaters — potentially higher running costs
Very cheap council tax helps household affordability
Local area: above-average crime; student and professional neighbourhood
This immaculate two-bedroom apartment offers straightforward, move-in-ready living in CV5, ideal for first-time buyers or buy-to-let investors. The open-plan lounge, kitchen and dining area creates a bright, flexible living space, while two well-proportioned bedrooms suit sharers or a small family. At around 670 sq ft the home feels average-sized without excessive upkeep.
Practical details are clear: the lease has 117 years remaining, ground rent is £250 per year and the service charge is £1,700 per year. Heating is by electric room heaters, so running costs may be higher than gas-heated homes. Council tax is very cheap which helps overall affordability.
The building has a secure communal entrance and hallway storage, and the location delivers excellent transport links into Coventry city centre plus nearby shops, parks and schools. Note the local area has a higher-than-average crime rate and is a cosmopolitan, student-and-professional neighbourhood — useful for investors targeting rental demand but worth considering for owner-occupiers.
Overall this apartment offers low-maintenance, contemporary living with clear investment potential. Buyers should budget for higher electric heating costs and the ongoing service charge, but can move in immediately and benefit from a long lease and convenient CV5 location.
2 bedroom apartment for sale in Allesley Old Road, Antelope House, CV5 8EH, CV5 — £144,950 • 2 bed • 1 bath • 556 ft²
2 bedroom apartment for sale in Overdale Road, Coventry, CV5 — £120,000 • 2 bed • 1 bath • 553 ft²
1 bedroom flat for sale in Allesley Old Road, Antelope House, CV5 — £135,000 • 1 bed • 1 bath • 387 ft²
2 bedroom apartment for sale in Greendale Road, Whoberley, Coventry, CV5 8AH, CV5 — £130,000 • 2 bed • 1 bath • 570 ft²
2 bedroom flat for sale in Overdale Road, COVENTRY, West Midlands, CV5 — £120,000 • 2 bed • 1 bath • 599 ft²
2 bedroom flat for sale in Poppleton Close, Earlsdon, Coventry, CV1 — £150,000 • 2 bed • 1 bath • 602 ft²
